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What were ARO collections during its second month

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Reference no: EM132873482

Problem - ARO Inc. sold 10,000 units during its second month of operations at an average selling price of $8 per unit. Its Accounts Receivable balance at the start of the second month was $50,000. ARO collects all sales evenly over a two month period. What were ARO's collections during its second month of operations?

Reference no: EM132873482

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